ERBB After the top in late March around the 10cent level the down trend has been assumed. This one has been playing to the sector and the chart for the last few weeks. I do believe that regardless of news here it will probably touch near the 200dma just like most every other marijuana stock. If we continue on like last year after it's parabolic rise, we will see some nice bounce around the 200dma on the downside with most continuing the decline into the end of the summer. With more and more companies on board this year, there will be some able to continue their rise like PHOT last year, but will probably be scarcer. Playing the new news on pick is a good way to go to make some quick $$$'s, but remember most are just hopping on board for the momentum currently, not to actually make a standing force in the market. As time and laws change so will the scope of our sector and ever more so will it be important to decipher the disseminated information/dis-information. Here is to much abundance in the coming months :)!! The Very Best of Luck Everyone!!
~The Marijuana Sector~
They Don't Want Us to Know Marijuana
~Ebb and Flow my Man, Ebb and Flow~
Always make the final decisions for yourself, Never take
anything said by myself or others on these message boards as Advice!!
